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The action attribute specifies where to send the form-data when a form is submitted.
The formaction attribute specifies the URL of the file that will process the input control when the form is submitted. The formaction attribute overrides the action attribute of the element. Note: The formaction attribute is used with type=submit and type=image .
The action of a form is the program that is executed on the server when the form is submitted. This property can be retrieved or set.
Subsequent Action means any claim, judicial or administrative action, or proceeding, arbitration or investigation involving the Company and in any manner arising out of, under or related to any activity or occurrences subsequent to the Closing.
What is the difference between action and formaction attributes? The action attribute is used on the element to set the default URL for form submission, while the formaction attribute is used on individual buttons or inputs to specify an alternative URL for that specific submission.

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In short, the action attribute or form action in HTML is used to inform the browser what page to call when the submit button is pressed. The form data is mostly sent to a server-side handler, but it can also be sent to the JavaScript on the client.

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